Option Cancellation Agreements definition

Option Cancellation Agreements shall have the meaning set forth in Section 1.5(c).
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Option Cancellation Agreements the Option Cancellation agreements entered into by THL-Nortek Investors, LLC, the Management Stockholders and certain other parties, dated as of August 27, 2004.
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Option Cancellation Agreements means the agreement between the Company and each Option Holder in the form attached as Exhibit J hereto, whereby such Option Holder agrees to cancellation of his Options in consideration of receipt of payment pursuant to Section 2.3, as adjusted pursuant to Section 3.2.
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Examples of Option Cancellation Agreements in a sentence

  • At the Closing, (i) the Sellers shall deliver to Purchaser, free and clear of any Lien and restriction on transfer (other than any restrictions under the Securities Act and applicable state securities Laws), all certificates representing the Shares, each duly endorsed in blank or with duly executed stock powers attached and (ii) the Seller Representative shall deliver to Purchaser executed counterparts of the Stock Option Cancellation Agreements for all of the Optionholders.

  • No adjustment has been made for the effects of the Option Cancellation Agreements and anticipated replacement by new Options by the combined entity as the full financial effects of the replacement Options are not known at this time.

  • At the Effective Time and subject to Buyer’s receipt of the TopCo Certificates and Option Cancellation Agreements or Optionholder Acknowledgment in accordance with Section 2.8, Buyer shall (A) issue to the TopCo Sellers an aggregate amount of Buyer Common Stock equal to the Stock Consideration, and (B) pay the TopCo Sellers an aggregate amount in cash equal to the Cash Consideration, in each case, to each TopCo Seller in the amounts specifically as set forth in the Payment Spreadsheet.

  • Section 4.9(m) of the Company Disclosure Letter sets forth all amounts payable by the Company at the Closing pursuing to the Option Cancellation Agreements (all of which payments, for the avoidance of doubt, shall be deemed to be Change in Control Payments for purposes of this Agreement).

  • Concurrently with the execution and delivery of this Agreement, the Company is delivering to Parent the Option Cancellation Agreements and Option Modification Agreements listed on Schedule 5.6(d) of the Company Disclosure Schedule executed by the applicable optionees and shall take all actions necessary to enforce such agreements prior to the Effective Time.


More Definitions of Option Cancellation Agreements

Option Cancellation Agreements means the agreements to be entered into by holders of Company Options in the form attached as Exhibit C.
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Option Cancellation Agreements means the agreements to be entered into between Sanction and each holder of Sanction Options, in a form satisfactory to Marsa, acting reasonably, whereby each holder of Sanction Options agrees to surrender such Sanction Options for cancellation for nominal consideration;
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Option Cancellation Agreements means those certain Option Cancellation Agreements, dated as of or prior to the date hereof, by and between the Company and each holder of Company Options.
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Option Cancellation Agreements means the agreements entered into by and between Holdings and each of the Option Holders in respect to the treatment of the Holdings Options.
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Option Cancellation Agreements means the Option Cancellation Agreements, substantially in the form attached hereto as Exhibit L, by and between the Company and each of the holders of Options listed in Exhibit F.
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Option Cancellation Agreements means, collectively (i) that certain Option Cancellation Agreement, dated the date hereof, between the Company, the Sellers and Xxxxx X. Xxxxxx, an executed copy of which is attached hereto as Exhibit B, and (ii) that certain Option Cancellation Agreement, dated --------- the date hereof, between the Company, the Sellers and Xxxxxxx Xxxxxx, an executed copy of which is attached hereto as Exhibit C. ---------
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Option Cancellation Agreements means each agreement by and between ACL and each Option Holder pursuant to which such options will be cancelled as provided for in each such agreement.
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